Dublin, March 16, 2023 (GLOBE NEWSWIRE) -- The "Rapid Strength Concrete Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global rapid strength concrete market size reached US$ 137.9 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 188.3 Billion by 2028, exhibiting a CAGR of 5.33% during 2022-2028.
Companies Mentioned
- Aggregate Industries (Holcim Group)
- Boral Limited
- Bostik (Arkema S.A.)
- Buzzi Unicem SpA
- Cemex S.A.B. de C.V.
- CTS Cement Manufacturing Corporation
- Fosroc Inc. (JMH Group)
- Instarmac Group PLC
- Short Load Concrete Inc.
- Sika AG
- Tarmac (CRH plc)
- Westbuild Group
Rapid strength concrete (RSC) refers to a type of concrete that gains strength quickly and provides a lasting repair for the remaining service life of a structure. It is manufactured using high-quality ingredients and mixture designs and consequently offers numerous advantages over conventional concrete.
As it helps businesses operating in the construction sector reduce their capital expenditure, RSC finds extensive applications in airports, dockyards, parking areas, and railway networks across the globe.
The rising demand for modern architecture around the world represents one of the key factors bolstering the growth of the market. Besides this, there is a considerable increase in the use of RSC for pavement rehabilitation and reconstruction.
These pavements provide a smooth and durable all-weather traveling surface to cars, trucks, buses, bicycles, commuters, commercial motor carriers, delivery and service providers, local users, and leisure travelers. In addition, they play a pivotal role in the roadway network of a country and offer societal benefits, such as access to schools, services, offices, and general mobility.
Apart from this, as RSC reaches opening strength in a short period, slab replacement can be accomplished overnight. Consequently, it is utilized for repairing different components of buildings and substructure elements on bridges, such as decks, piers, and columns.
Moreover, key players are focusing on minimizing the impact of producing concrete on the environment by developing next-generation sustainable cement. They are also engaging in collaborations and mergers and acquisitions (M&A) with domestic players, which is positively influencing the market. Furthermore, governing authorities of numerous countries are introducing new projects for constructing highways and freeways, which is facilitating the growth of the market.
Key Questions Answered in This Report
1. What was the size of the global rapid strength concrete market in 2022?
2. What is the expected growth rate of the global rapid strength concrete market during 2023-2028?
3. What are the key factors driving the global rapid strength concrete market?
4. What has been the impact of COVID-19 on the global rapid strength concrete market?
5. What is the breakup of the global rapid strength concrete market based on the application?
6. What are the key regions in the global rapid strength concrete market?
7. Who are the key players/companies in the global rapid strength concrete market?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 141 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value (USD) in 2022 | $137.9 Billion |
| Forecasted Market Value (USD) by 2028 | $188.3 Billion |
| Compound Annual Growth Rate | 5.3% |
| Regions Covered | Global |
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Rapid Strength Concrete Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Strength
6.1 0 To 40 MPa
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 40 To 80 MPa
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Above 80 MPa
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Airport
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Building Floor
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Dockyard
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Formed Work
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Parking Areas
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Rail Network
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Roads and Bridges
7.7.1 Market Trends
7.7.2 Market Forecast
7.8 Others
7.8.1 Market Trends
7.8.2 Market Forecast
8 Market Breakup by Region
9 SWOT Analysis
10 Value Chain Analysis
11 Porters Five Forces Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/oiqjpn
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